On the macro level, the study by the National Oceanic and Atmospheric Administration (NOAA) outlines devastating effects of climate change on the United States. The economy could lose hundreds of billions of dollars -- more than 10% of its GDP -- by the end of the century.

The report issued by the administration of President Donald Trump states that the Northeast will be among the hardest hit areas in the country, “Ocean and coastal ecosystems are being affected by large changes in a variety of climate-related environmental conditions. These ecosystems support fishing and aquaculture, tourism and recreation, and coastal communities.”

Shell’s recent success in the US Gulf of Mexico includes its deepwater Dover discovery on Mississippi Canyon 612, reported last year, near its Appomattox platform. The well was drilled by the Deepwater Poseidon ultra-deepwater drillship. Sources: Shell, Transocean.

In lieu of the traditional shovel groundbreaking, Miami City Commission chair Ken Russell, Miami Mayor Francis Suarez and Miami city manager Emilio T. Gonzalez (pictured l-r) perform the ceremonial water toss to mark the start of the first Miami Forever Bond project tackling flooding and sea-level rise. (Photo by City of Miami Office of Communications)